XRP is currently trading at $2.40, reflecting a 24-hour change of -3.14%. The price has fluctuated between a high of $2.48 and a low of $2.38 in the past day, indicating a daily range of only 0.1%, suggesting limited volatility.

Trading volume stands at approximately $3.73 billion, equating to a volume-to-market cap ratio of 2.59%. This relatively high volume indicates active trading, yet the declining price trend may signal bearish sentiment among investors.

The hourly moving averages show mixed signals; the 8 SMA is slightly positive at $2.40, while the longer 55 SMA is down 2.76% at $2.47, indicating a potential bearish trend. The 1-hour RSI at 38 suggests XRP may be oversold in the short term, while the 7-day RSI of 52 indicates neutral momentum over a longer period.

Over the last 14 days, XRP has decreased by 8.44%, while the last 30 days show a decline of 6.90%. In contrast, a 7-day price change of 6.89% demonstrates some recovery potential, albeit within a generally bearish environment.

The all-time high for XRP remains at $3.65, achieved on July 18, 2025, suggesting significant upside potential if the market conditions improve. However, the current price action and technical indicators do not favor bullish momentum at this time.

In conclusion, while there are signs of potential recovery in the short term, the prevailing bearish trend and underperformance in longer time frames warrant caution. Therefore, the recommendation is to Hold XRP until clearer bullish signals emerge or until price action decisively breaks above the current resistance levels.